Credit Card Transaction Authority By Content Rating

• US 20070288379A1
• Filed: 07/02/2007
• Published: 12/13/2007
• Est. Priority Date: 09/20/2001
• Status: Abandoned Application

• Current Assignee: International Business Machines Corporation
• Original Assignee: International Business Machines Corporation
• Inventors: Rodriguez, Herman, Donnelly, James, Smith, Newton, Pierre, Ron
• Application Number:
  US11/772,559
• Publication Number:
  US 20070288379A1
• Time in Patent Office: Days
• US Class Current: 705/44
• CPC Class Codes: G06F 11/3428 Benchmarking
• CPC Class Codes: G06Q 20/40 Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

Administration of credit account transaction authority including receiving a request for authorization for a credit transaction against a credit account for purchase of at least one item available for purchase through credit transactions, wherein the item available for purchase has a content rating, and wherein the credit account has a content rating, an account owner, and at least one authorized account user; comparing the content rating of the item requested for purchase and the content rating of the credit account, wherein the comparing produces a determination whether the content rating of the item requested for purchase matches the content rating of the credit account; and authorizing the requested transaction when the content rating of the item requested for purchase matches the content rating of the credit account.

Claims

1. A computer-implemented method for administration of credit account transaction authority, the method comprising the steps of:

receiving a request for authorization for a credit transaction against a credit account for purchase of at least one item available for purchase through credit transactions, wherein the item available for purchase has a content rating, and wherein the credit account has a content rating, an account owner, and at least one authorized account user;

retrieving the content rating of the credit account, wherein retrieving the content rating of the credit account further comprises retrieving from a ratings repository the content rating of the credit account and wherein the credit account is a credit card account, and

wherein retrieving the content rating of the credit account further comprises retrieving from a credit card company the content rating of the credit account;

comparing the content rating of the item requested for purchase and the content rating of the credit account, wherein the comparing produces a determination whether the content rating of the item requested for purchase matches the content rating of the credit account; and

authorizing the requested transaction when the content rating of the item requested for purchase matches the content rating of the credit account.

2. The method of claim 1 wherein the account owner has preferences regarding the content rating of the credit account and the method further comprises assigning the content rating to the credit account in dependence upon the account owner'"'"'s preferences.

3. The method of claim 2 wherein assigning a content rating further comprises editing by the account owner of the content rating of the credit account.

4. The method of claim 2 wherein assigning a content rating further comprises editing by the account owner of the content rating of the credit account on-line through a web site of a credit card company.

5. The method of claim 1 wherein the content rating comprises a primary content label having primary content values.

6. The method of claim 1 wherein the content rating comprises an age category indicating the minimum age requirement for an authorized account user.

7. The method of claim 1 wherein the content rating comprises a secondary content label having secondary content values.

8. The method of claim 1 wherein the content rating comprises a content descriptor having content descriptor values.

9. The method of claim 1 wherein the content rating comprises a merchant rating having merchant rating values.

10. A system for administration of credit account transaction authority, the system comprising the steps of:

means for receiving a request for authorization for a credit transaction against a credit account for purchase of at least one item available for purchase through credit transactions, wherein the item available for purchase has a content rating, and wherein the credit account has a content rating, an account owner, and at least one authorized account user;

means for retrieving the content rating of the credit account, wherein retrieving the content rating of the credit account further comprises retrieving from a ratings repository the content rating of the credit account and wherein the credit account is a credit card account, and

wherein means for retrieving the content rating of the credit account further comprises means for retrieving from a credit card company the content rating of the credit account;

means for comparing the content rating of the item requested for purchase and the content rating of the credit account, wherein the means for comparing has a capability of producing a determination whether the content rating of the item requested for purchase matches the content rating of the credit account; and

means for authorizing the requested transaction when the content rating of the item requested for purchase matches the content rating of the credit account.

11. The system of claim 10 wherein the account owner has preferences regarding the content rating of the credit account and the system further comprises means for assigning the content rating to the credit account in dependence upon the account owner'"'"'s preferences.

12. The system of claim 10 wherein means for assigning a content rating further comprises means for editing by the account owner of the content rating of the credit account.

13. The system of claim 10 wherein means for assigning a content rating further comprises means for editing by the account owner of the content rating of the credit account on-line through a web site of a credit card company.

14. The system of claim 10 wherein the content rating comprises a content descriptor having content descriptor values.

15. The system of claim 10 wherein the merchant rating values comprise an indication that a merchant is a general merchandising merchant.

16. A computer program product for administration of credit account transaction authority, the system comprising the steps of:

a recording medium;

means, recorded on the recording medium, for receiving a request for authorization for a credit transaction against a credit account for purchase of at least one item available for purchase through credit transactions, wherein the item available for purchase has a content rating, and wherein the credit account has a content rating, an account owner, and at least one authorized account user;

means, recorded on the recording medium, for retrieving the content rating of the credit account, wherein retrieving the content rating of the credit account further comprises retrieving from a ratings repository the content rating of the credit account and wherein the credit account is a credit card account, and

wherein means, recorded on the recording medium, for retrieving the content rating of the credit account further comprise means, recorded on the recording medium, for retrieving from a credit card company the content rating of the credit account;

means, recorded on the recording medium, for comparing the content rating of the item requested for purchase and the content rating of the credit account, wherein the means for comparing has a capability of producing a determination whether the content rating of the item requested for purchase matches the content rating of the credit account; and

means, recorded on the recording medium, for authorizing the requested transaction when the content rating of the item requested for purchase matches the content rating of the credit account.

17. The computer program product of claim 16 wherein the account owner has preferences regarding the content rating of the credit account and the computer program product further comprises means, recorded on the recording medium, for assigning the content rating to the credit account in dependence upon the account owner'"'"'s preferences.

18. The computer program product of claim 16 wherein means, recorded on the recording medium, for assigning a content rating further comprises means, recorded on the recording medium, for editing by the account owner of the content rating of the credit account.

19. The computer program product of claim 16 wherein means, recorded on the recording medium, for assigning a content rating further comprises means, recorded on the recording medium, for editing by the account owner of the content rating of the credit account on-line through a web site of a credit card company.

20. The computer program product of claim 16 wherein the content rating comprises a merchant rating having merchant rating values.